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Thursday Apr 25, 2024
Sustainability Regulations: EU Deep Dive
Thursday Apr 25, 2024
Thursday Apr 25, 2024
In this enlightening episode, we delve into a deep-dive conversation with Aaron Szabo, Senior Director at Faegre Drinker. Harnessing his over a decade experience dealing with environmental, energy, and manufacturing issues, this podcast episode gives us illuminating insights into environmental and energy regulations and their impact. Zabo masterfully delves into the challenges of compliance and risk management strategies, offering invaluable guidance for businesses facing these issues.
Progressing further, the episode explores EU regulations, focusing on the intricacies of the Chemicals Agency and Registration, Evaluation, and Authorization of Chemicals (REACH). This episode further discusses the workings of the Carbon Border Adjustment Mechanism and its implications. Thus, this podcast serves as an indispensable resource for anyone interested in understanding more about environmental and energy regulations, compliance, and strategic decision-making.
Cutting through the complexities of global supply chains, the podcast explores how the processes that create simple products require coordination across several countries. It considers the associated carbon emissions during manufacturing and shipping, and the challenges of proving these emissions for compliance with proposed EU regulations. Furthermore, it explores the EU's Carbon Border Adjustment Mechanism (CBAM), its implementation, and impacts on developing effective supply chain and manufacturing strategies.
The episode also explores the growing pressure to understand and adhere to downstream and upstream customer demands amidst the diversifying trade regulations across Europe and the US. The session shares insights from experts like Tim Turner on how a fluctuating regulatory landscape impacts businesses. A significant feature is the discussion around the hope of convergence of these regulations for a streamlined global trade system.
Overall, this episode is a must-listen for those interested in global trade, aiming to understand the labyrinth of environmental regulations across borders, and looking to the future of compliance in major sectors.
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